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Allahabad Bank Raipur Munzbta Aligarh Uttar Pradesh MICR CODE

Find MICR Codes for Allahabad Bank Raipur Munzbta Aligarh Uttar Pradesh

MICR Code
Bank Allahabad Bank
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch Raipur Munjapatha
Contact Bachiter Singh 9368356484, Pankaj Goyal 9410200314
Bank Details Allahabad Bank Raipur Munjapatha ALLA0211504
Location Raipur Munzbta, Aligarh
City Raipur Munzbta
District Aligarh
State Uttar Pradesh
Pincode 202001
Country IN
Address Vill - raipur munjapatha p.o. Malviya nagar dist aligarh uttar pradesh
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 202010502 for Raipur Munjapatha branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 202010502 of Allahabad Bank, Raipur Munjapatha branch makes the system almost error free and faster. Use of Allahabad Bank MICR codes for Raipur Munjapatha branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of Allahabad Bank are available with micr code -

>>Raipur Munjapatha

MICR code for Allahabad Bank Raipur Munjapatha

Allahabad Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Allahabad Bank MICR code for Raipur Munjapatha is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 202010502 is the MICR code of Allahabad Bank for Raipur Munjapatha branch. MICR code for Raipur Munjapatha branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Allahabad Bank Raipur Munjapatha is presented in the table alongside.

Use of Allahabad Bank MICR code for Raipur Munjapatha branch in raipur munzbta

The MICR code 202010502 is used in RBI cheque clearing process to identify the branch Raipur Munjapatha and Allahabad Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Allahabad Bank is typically in either of these two font’s: E-138 and CMC-7.